MULTIANNUAL FINANCIAL FRAMEWORK 2021-2027 / Cohesion

European Commission forecasts 7% cohesion policy budget reduction but experts say this is more likely to be 10%

Brussels, 02/05/2018 (Agence Europe)

On Wednesday 2 May, the President of the European Commission, Jean-Claude Juncker and his Budget Commissioner, Günther Oettinger, announced a reduction in the envelope for the next Cohesion Policy of 7% for the 2021-2027 period, as well as a number of different internal developments. The figures put forward by the Commission were subject to bitter discussions involving a number of experts, who rather expect a 10% budget reduction. 

The budget put forward by the European Commission for...